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MasterCard Start Path Global Competition 2022-2023

October 31, 2022 by

In Ireland, MasterCard is launching a Competition for Start Path Global applications for startups around the world in the further development phase to help them grow their business in 2022.

Start Path Global is MasterCard’s global program for innovative start-ups from around the world. Since 2014, they have worked with a growing portfolio of startups that offer unique solutions in the financial technology and retail sectors.

Start Path Global has also been designed to put the startup first: specifically, there is no need for a startup to relocate, no equity is taken, immediate access to over 60 MasterCard experts, opens the door to pilot opportunities with MasterCard or MasterCard customers, and with full ownership for any intellectual property (IP) developed.

“Start Path thoughtfully connects the right partners with the right startups to build the future of commerce together,” said Stephane Wyper, Global Lead of MasterCard Start Path. “And now with our global expansion, we will be able to target a broader range of startups and help them achieve success.”

So to help you secure a spot, this article has been carefully written to give you all the necessary information you need.

What Is The MasterCard Start Path?

The Mastercard Start Path is an award-winning program that enables later-stage tech startups to rapidly scale through unparalleled access to Mastercard’s technology, solutions expertise, and partners around the world.

Basically, it is based on what worked best for the startup portfolio: more flexibility, more customization, and no distractions for your current business.

Who Are The Sponsors?

The Start Path is sponsored by Mastercard. Mastercard Incorporated is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York, United States. The Global Operations Headquarters is located in O’Fallon, Missouri, United States, a municipality of St. Charles County, Missouri.

SEE ALSO:   World Press Photo Contest 2022

It is a leading global payments & technology company that connects consumers, businesses, merchants, issuers & governments around the world.

What Are The Benefits of The MasterCard Start Path Global Competition?

The program enables companies to gain access to MasterCard’s global ecosystem and to break new markets through relationships with MasterCard and their customers.

See other benefits startups and corporate members enjoy from the MasterCard Start Path program below:

What Startups Benefit

  • Rapid path to scale
  • Dedicated support
  • Unparalleled access to channels + customers
  • Strategic investment

What Corporate Members Benefit

  • Global startup sourcing and engagement
  • Access to Mastercard’s annual Start Path Summit
  • Thought leadership and trend insights
  • Quarterly innovation review

Who Can Apply For The MasterCard Start Path Competition 2022? | Eligibility

Basically, the Start Path team woks with newer start-ups in the wide range of fintech and trading that meet these criteria:

  • Innovative Solution – proof of market compliance, clear product differentiation, and competitive advantages.
  • Market – Solve real problems for your customers by addressing a large market.
  • Team – Strong team of founders with key roles of experienced and/or established entrepreneurs and/or relevant industry background.
  • Financing – The investments made (seed, series A or later) with a maturity of at least 6 to 12 months plan to reverse the next institutional cycle in the next 18 months.
  • Attitude – Worldwide mindset, open to opportunities and mentoring.
  • The Mastercard Start Path is designed for startups across industries and specialties to drive global innovation. These areas include:
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  • E-Commerce
  • Retail Solutions
  • Internet of Things
  • Fraud Management
  • Merchant Loyalty
  • Merchant Lending
  • Credit Scoring
  • Consumer Loyalty
  • Analytics
  • P2P Payments
  • Cross-Border
  • Healthcare
  • Financial Inclusion
  • Enterprise Solutions
  • Smart Cities
  • Blockchain
  • AR, VR & Voice
  • Digital Id
  • Big Data & Analytics
  • APIs
  • Open Banking
  • BaaS
  • PSD2
  • Digital Currency
  • Cyber-security
  • The Start Path Global Startup competition is hosted by MasterCard and can be taken in Ireland.
  • The competition is open to all nationalities.
SEE ALSO:   MTN Group 2023 MoMo API Developer Hackathon

How To Apply For The Start Path Global Program

Application for the Mastercard Start Path program is basically online. So, interested applicants are to click on the link below to apply:

There are other great opportunities available for you on our platform. Check out our International Competition Category Here.

START PATH APPLICATION

When Is The Start Path Global Program 2022 Application Deadline?

There is no specified deadline for the start path application. In other words, you can apply anytime on F65.

You can also find out about the relevant times and other necessary information by visiting the Mastercard Start Path official website below.

OFFICIAL WEBSITE

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